Higher than expected swing against Labor in Victoria

In Victoria there was a 7.5 per cent swing against Labor last night, one of the highest in the country.

Labor lost several marginal seats and the Greens held onto Melbourne.

There were jubilant scenes at the Greens headquarters in Melbourne when Adam Bandt survived a tough challenge from Labor to retain the seat, with a slightly increased margin.

This is despite not receiving any preferences from any of the major parties.

"We made history again," he told his supporters.

"The Greens from day one will be a real alternative to Tony Abbott," he said.

"We are up for the challenge in the dark days ahead."

Labor loses ultra-marginal seats

Across Victoria, there was a higher than expected swing against Labor, more than most other states.

As anticipated, Labor lost the ultra-marginal seats of Deakin and Corangamite to the Liberal Party.

The ultra-marginal seat of Corangamite in Victoria's south-west was one of the first to fall for Labor.

Winning Liberal candidate Sarah Henderson has thanked supporters and told them, it is time for change.

"To all of you, the doorknockers, the people out on the booths, the energy, the determination," she said.

"With a Coalition Government, we are back in town and we are going to get Australia back on track."

Labor also lost La Trobe in Melbourne's outer-east to the Liberal Party's Jason Wood.

He held La Trobe from 2004 until 2010, before losing to incumbent Labor MP Laura Smyth.

He was leading Ms Smyth 54 per-cent to 47 last night with most votes counted.

Mr Wood says while the campaign was based on Federal issues, he also ran a very strong local campaign.

A former police officer, Mr Wood says he wants to address local rates of youth suicide.

"We really want to make sure we do something as best we can to stop this curse in the local area and it's obviously happening right around the country," he said.

The Liberal candidate who has claimed victory in Deakin Michael Sukkar has nominated infrastructure investment as a local issue he wants to address.

Mr Sukkar says the Coalition's commitment to the Napthine Government's East-West Link will help people in his eastern suburbs electorate.

"Lack of infrastructure investment over a period of time, and I'm very proud of our commitment of one-and-a-half billion dollars to the East West Link, that's going to improve the lives of many Deakin residents over the coming years," he said.

The 31-year-old concedes it was somewhat daunting to be elected as a Federal MP.

But he says winning was a proud moment, and he is ready for office.

"In some respects it's very daunting, but we're ready for the challenge," he said.

"I've been campaigning for 15-months now, and full-time for 12-months, so I think we're ready to hit the ground running as of Monday."

Mirabella in trouble in Indi

The seat of Indi in Victoria's north-east remains on a knife-edge, and is likely to come down to postal votes.